On January 1 Joe's Hardware Store Ltd

question 34

Multiple Choice

On January 1 Joe's Hardware Store Ltd.had $2,300 in cash,and had neither accounts receivable nor payable outstanding.During the month of January,the store had received orders from two contractors for building materials for $20,500,each,which would be paid at the end of the month.During the month,the store had expenses of $15,500 for salaries,$40,500 for inventory,and $2,200 of utilities.What would be Joe's Hardware Store Ltd.cash balance at the end of the month?

• A) -$12,500
• B) -$20,400
• C) $2,400
• D) -$14,900

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Definitions:

Prosocial Acts

Behaviors that benefit others or society as a whole, such as helping, sharing, or donating.

Electroconvulsive Therapy

A medical treatment for severe mental illness wherein electric currents are passed through the brain to induce brief seizures, with the goal of relieving symptoms.

Administered Daily

Refers to something, typically medication or treatment, that is given or applied once every day consistently.

Damaging The Brain

Refers to harm or injury to the brain's structure or function, which can result from accidents, diseases, or neurological conditions.